Have Erwin North Carolina Home Sellers Gone Mad? Is A Housing Market Crash Coming?
Have you looked at home prices in Erwin NC lately? Are the selling prices going up almost every time you fire up Realtor, Zillow, etc? According to Zillow, The typical home value of homes in Raleigh is $321,559. Raleigh home values have gone up 11.1% over the past year. This means, according to the numbers, that the Erwin home you look at today goes up in value $794 tomorrow, and the next day and so on to the tune of $23,000 every single month. This isn’t just true in the neighborhood you choose but everywhere in the Raleigh home markets.
Your problem is apparent and your solution is simple if you’re planning to buy a home in Erwin or anywhere in North Carolina you can think of right now. Move quickly. Get a competent Realtor to help you with the increasingly scarce inventory that fits your budget and needs and get ready to navigate this unprecedented market.